Wall Street futures flip positive, erasing all their losses after the election

US stock market futures clawed back every loss and flipped into the green, The Kobeissi Letter reported on X. The outlet described the move as a "massive post-election reversal" that is currently underway. A down day for futures just became an up day.

That kind of round trip is worth a second look. Futures trade around the clock, so a same-session swing from red to green means the tone shifted before the regular cash market even opens. Sentiment, at least in the futures pit, has turned.

The reversal is tied to the election, according to the outlet's description — this is a post-election move, not a routine intraday wiggle. The framing matters: the vote has become the driver of the tape.

Futures aren't the main event on their own — they're the preview. The next checkpoint is whether those gains survive once regular trading gets going, or whether the reversal fades the way so many overnight pops do.